MAIRE announced that its subsidiary Tecnimont successfully achieved the mechanical completion of the rehabilitation works of the old plant (Area 5) for a subsidiary of the Nigerian National Petroleum Company (NNPC) in Nigeria, said Hyrocarbonprocessing.
The rehabilitation works, awarded in April 2021 for a total value of USD 1.5 billion, entail engineering, procurement and construction (EPC) activities aiming at fully restoring the Port Harcourt complex to a minimum of 90% of its nameplate capacity.
Alessandro Bernini, MAIRE Group Chief Executive Officer, commented: “We are proud to have reached this milestone fully satisfying the local content requirements, thanks to a 100% engagement of Nigerian subcontractors for the construction phase. Our technological expertise and engineering know-how enable Nigeria to revive its natural resources management. This landmark required over 9.5 million manhours, resulting in an excellent Health, Safety and Environment performance with no Lost Time Injuries. This project is a confirmation of the Group’s commitment towards the Sub-Saharan Region.”
We remind, Maire Tecnimont SpA’s (Milan) project development subsidiary MET Development (MetDev) has agreed to collaborate with Macquarie Capital to establish a new company aimed at developing, constructing and operating energy transition projects in Italy and Europe. The new entity is expected to focus on sectors ranging from the chemical recycling of waste and the production of sustainable fuels and hydrogen, to green and low-carbon hydrogen and CO2 capture projects, including fertilizers, it said.
mrchub.com